My wife used to hear this from one of her finance professors.

Problem:
This is a nonsensical mispronunciation of a meaningful phrase.

Explanation:
Everyone is accustomed to thinking of a calendar year when hearing the word “year”.

However, not all companies base their accounting on a calendar year.

For example, a company can set up its fiscal records to encompass the period of April 1 of one year to March 31 of the next year.

This leads to the solution, which is what my wife’s professor consistently mispronounced.

Solution:
“Fiscal Year”